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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (26594)3/12/1998 10:37:00 AM
From: The Perfect Hedge  Read Replies (1) | Respond to of 132070
 
MB-
Q:I've been laddered on some option trades;they buy 10 then they bump up the ask.At the same time I'll see a trade go through for 150 contracts (100K) at a great ask price.What am I missing here?I know the guy is buying in in big volume but why lower the ask for him???It's happened several times.Seems the big buyers don't get laddered through the trade.Any idea why???TIA.GD